More Warning Signs Emerge For US Travel Industry As Summer Nears

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Travel technology company Expedia Group says reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter. The company said on Friday that bookings to the U.S. from Canada were down nearly 30%. Expedia was the latest American company to report slowing business with both international visitors and domestic travelers. Airbnb and Hilton noted the same trends last week. Bank of America says credit card transactions show spending on flights and lodging kept falling in April. The U.S. Travel Association says economic uncertainty is one reason for the pullback. Industry experts say anger over tariffs and concern about tourist detentions are discouraging foreign travelers.

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